🔥 $PORTO

/USDT - The fan token is gaining strength!

$PORTO is trading at $1.158 (+2.84%), bouncing back from a 24-hour low of $1.122 after facing resistance near a 24-hour high of $1.242. Buyers are showing signs of accumulation after the pullback.

🔑 Key Levels:

Support Zone: $1.14 - $1.12

Immediate Resistance: $1.18

Breakout Trigger: $1.20

📈 Trading Setup:

As long as $PORTO remains above $1.14, the bulls will remain in control. A breakout above $1.18 - $1.20 could lead to increased bullish momentum.

🎯 Targets:

First Profit Target: $1.18

Second Profit Target: $1.22

Third Profit Target: $1.28

⛔ Stop Loss: $1.11

📊 Market Insights:

The chart structure indicates a recovery phase after recent declines, with increasing chances of the bullish trend continuing. If trading volume expands, Porto's stock may head towards the $1.25 zone or higher.